News Middle East21 Jan 2021

Middle East & Africa:Pandemic outbreak seen as topmost risk in the region

| 21 Jan 2021

Pandemic outbreak continues to appear on the Top 10 risks facing the Middle East and Africa, after becoming a new entry into these ranks in 2020, according to the Allianz Risk Barometer 2021.

The Top 10 risks for the region are summarised as follows:

Rank

Type of Risk

Percentage of responses

2021

Percentage of responses

2020

1

Pandemic outbreak

36%

New

2

Business interruption

36%

31%

3

Cyber incidents

33%

30%

4

Fire, explosions

20%

23%

5

Macroeconomic developments

20%

25%

6

Political risks and violence

19%

17%

7

Theft, fraud and corruption

17%

20%

8

Changes in legislation and regulation

17%

27%

9

Market developments

15%

21%

10

Critical infrastructure blackouts

11%

21%

 

The total number of respondents to this risk survey stood at 627.

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